Sical Logistics Rights Issue dates 26 February – 10 March 2026.
Sical Logistics is an India-based, integrated multi-modal logistics solutions provider incorporated in 1955 and operating under its current name since a 2006 rebranding. The business has evolved from legacy stevedoring, customs handling and trucking into a contract-led logistics platform focused on two operating verticals: Integrated Logistics and Warehousing & Distribution.
Integrated Logistics is positioned around the handling and transportation of minerals and overburden linked to mining activity in commodities such as iron ore, bauxite and coal, with core work processes spanning loading, unloading and road transportation under contractual arrangements. As of 31 December 2025, the company was executing integrated logistics at contract sites across Madhya Pradesh, Odisha and Jharkhand. The vertical also includes container freight station (CFS) services—customs clearance, handling and temporary storage of import/export containers—with operations at Chennai, Tuticorin and Visakhapatnam.
Warehousing & Distribution provides storage, inventory management and downstream distribution. As of 31 December 2025, Sical operated 19 warehouses aggregating 11,52,158 sq. ft. of warehousing area, including bonded warehouse capabilities at Chennai and Tuticorin (through its subsidiary). The company reports pan-India operations covering six locations via seven branch offices and is part of the Pristine Logistics Group following a resolution-plan-led change in control effective January 2023.
Promoters of Sical Logistics – Pristine Malwa Logistics Park Private Limited
Table of Contents
Sical Logistics Rights Issue Details
| Sical Logistics Rights Issue Date | 26 Feb – 10 March 2026 |
| Sical Logistics Rights Issue Price | INR 64 per share |
| Issue Size (in Shares) | 1,45,35,790 shares |
| Issue Size (in INR) | INR 93.03 crore |
| Issue Entitlement | 11 equity shares for every 5 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Sical Logistics Rights Issue Record Date | 18 February 2026 |
| Face Value | INR 10 per share |
| Listing On | BSE, NSE |
Sical Logistics Rights Issue Calculation
| Sical Logistics Rights Issue Price | INR 64 per share |
| Market Price on Rights Issue Approval | INR 93.66 per share |
| Dilution Factor (X) | 3.2 |
| Fair Value After Dilution at Prevailing Price | INR 73.27 per share |
Sical Logistics Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 392 | 221 | 222 |
| Expenses | 365 | 204 | 200 |
| Operating Margin (%) | 7 | 8 | 10 |
| Net Income | (834) | (28) | (26) |
| ROCE (%) | (3) | (3) | (1) |
Sical Logistics Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Repayment and or prepayment, in full or in part, of all or a portion of certain borrowings availed by the company – INR 69.77 crore
- General corporate purposes – INR 18.61 crore
Sical Logistics Rights Offer Documents
- Sical Logistics Rights Issue Application Form
- Sical Logistics Letter of Offer
- Board Meeting Outcome
- Sical Logistics Draft Letter of Offer
- Rights Issue in 2025
Sical Logistics Rights Issue Dates
| Rights Issue Approval Date | 23 January 2026 |
| Rights Issue Record Date | 18 February 2026 |
| Credit of Rights Entitlement | 19 February 2026 |
| Rights Issue Opening Date | 26 February 2026 |
| Last Date for Market Renunciation | 5 March 2026 |
| Rights Issue Closing Date | 10 March 2026 |
| Finalization of Basis of Allotment | 11 March 2026 |
| Rights Allotment Date | 12 March 2026 |
| Credit Date | 12 March 2026 |
| Listing Date | 13 March 2026 |
Sical Logistics Rights Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
No.01, Club House Road, Mount Road, Chennai – 600002, Tamil Nadu
Tel: 044 4002 0700 / 2846 0390
E-mail: [email protected]
Website: www.cameoindia.com
Sical Logistics Contact Details
SICAL LOGISTICS LIMITED
South India House 73, Armenian Street,
Chennai – 600001, Tamil Nadu
Tel: +91 44 66157071 / 72
Email: [email protected]
Website: www.sical.in
Sical Logistics Rights Offer FAQs
What is the Sical Logistics Rights Issue Price?
The issue price is INR 64 per share.
What is the Sical Logistics Rights Issue entitlement ratio?
The eligible shareholders are offered 11 Equity Shares for every 5 Equity Shares held on the record date.
What is the Sical Logistics Rights Issue Record Date?
The Record date is 18 February 2026
How to Apply in Sical Logistics Rights Offer?
The best way to apply in Sical Logistics Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.
Very informative update on SICAL Logistics’ rights issue — it clearly lays out the key details like issue size, proposed use of funds, and expected timelines following board approval on 23 January 2026. I liked how the article also explains the company’s pan-India logistics footprint and warehouse operations, which helps readers understand the context of the rights offer. Useful read for investors and anyone tracking capital raising in the logistics sector!